Jefferies Reiterates a Hold Rating on Xcel Energy

By Jason Carr

Jefferies analyst Anthony Crowdell reiterated a Hold rating on Xcel Energy (NYSE: XEL) today and set a price target of $48. The company’s shares opened today at $47.22, close to its 52-week high of $48.50.

According to, Crowdell is a 4-star analyst with an average return of 7.5% and a 80.3% success rate. Crowdell covers the Utilities sector, focusing on stocks such as Public Service Enterprise, El Paso Electric Company, and American Electric Power.

Xcel Energy has an analyst consensus of Hold, with a price target consensus of $46.20.

The company has a one year high of $48.50 and a one year low of $38. Currently, Xcel Energy has an average volume of 2.46M.

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Xcel Energy, Inc. operates as a holding company, which engages in the generation, purchase, transmission, distribution and sale of electricity and natural gas business through its subsidiaries. It operates through the following segments: Regulated Electric Utility, Regulated Natural Gas Utility and All Others. The Regulated Electric Utility segment generates, transmits and distributes electricity primarily in portions of Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Colorado, Texas and New Mexico. In addition, this segment includes sales for resale and provides wholesale transmission service to various entities in the United States. It also includes commodity trading operations. The Regulated Natural Gas Utility segment transports, stores, and distributes natural gas primarily in portions of Minnesota, Wisconsin, North Dakota, Michigan and Colorado. The All Others segment primarily includes steam, appliance repair services, nonutility real estate activities, processing solid waste into refuse-derived fuel and investments in rental housing projects that qualify for low-income housing tax credits. The company was founded in 1909 and is headquartered in Minneapolis, MN.